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Disparity In Power Prices Raises Parliamentary Panel’s Eyebrows

bdnews

The parliamentary standing committee on power, energy and mineral resources has questioned the disparity in rates the government is charging for 10 different plants currently under construction in Bangladesh.

The ministry has submitted a report which cites differences in land prices, logistics, transport cost, engine capacity as reasons behind the ‘unmatched rates’.

Costs of placing transmission line, transport cost, varied rates of fuel and generator are among some other reasons mentioned in the report submitted at a meeting of the committee on Sunday.

“We asked the ministry for Information, and they have submitted the report. It will be reviewed and discussed at the next meeting,” said Tajul Islam, chairman of the committee.

According to the report, electricity will be purchased from the diesel and furnace-run plants at the following rates:

Power plant

Location

Capacity (megawatt)

Rat (per kilowatt)

Confidence Power Holdings Ltd

Bogra

113

10.60 cents

Midland Power Management Company Ltd

Ashuganj, Brahmanbari

150

10.50 cents

Orion Power

Management Lobonchora, Khulna

110

10.60 cents

Consortium Of Summit Corporation Ltd and Summit Power Ltd

Kodda, Gazipur

300

10.60 cents

Ecron Infrastructure Service Ltd,

Potia, Chittagong,

100

10.50 cents

Energy Ltd

Chandpur

200

10.65 cents

Bangla Trek Ltd

Daudkandi, Comilla

200

25.41 cents

Bangla Trek Ltd

Nayapara, Jessore,

100

25.41 cents

Egreko International Projects Ltd

Keraniganj, Dhaka

200

25 cents

APR Energy

Keraniganj, Dhaka

300

25.41 cents

One cent=Tk 8.5)
The ministry has approved the plants that are expected to together produce 1,773-megawatt electricity.

The ministry has ordered Bangladesh Power Development Board to stick to the same conditions it outlined for previous agreements with other private companies while signing agreements with these 10.